Whirlpool Reports Record Second Quarter Earnings

Whirlpool Corporation has reported record second-quarter financial results. The latest numbers were released Friday, showing second-quarter net earnings of $320 million, or $4.15 per diluted share, compared to $177 million, or $2.21 per diluted share, reported for the same period last year. CEO Jeff Fettig says the Benton Harbor-based appliance maker “delivered another quarter of record earnings and margin expansion while overcoming challenges in several key countries through focused execution of our plans.” Whirlpool says second-quarter net sales of $5.2 billion were flat compared to the same prior-year period, and excluding the impact of currency, sales increased by 3 percent. Fettig added the company is confident it can continue delivering record financial results.